longevity: Reflection on a a decade... - 04/02/08 04:10 AM
Monday, March 31, 2008

Funny how things have changed literally overnight. The media and purveyors of reflection wisdom have pointed their accusatory fingers at the housing bubble, loose lending standards, etc. but I think a longer look-back is in order.In 1998 when I entered the industry we were coming into the age of DU, DO and LP. Automated Underwriting launched "Speed lending" as lenders clamored to race quicker to the consumer, touting the advantages of the 5 minute loan approval. Could it be that "Automated" became synonomous with "Automatic"? Surely we saw the professionalism of the past fall off the … (0 comments)


Brian Kludt

Menomonee Falls, WI

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Brian Kludt Mortgage Team / Waterstone Mortgage

Address: N96 W18221 County Line Rd, Menomonee Falls, WI, 53051

Office: 2(625) 024-0002

Fax: (262) 293-4840

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Reflection and insight into the world of mortgage financing



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